Companies worldwide are more positive about supply chain and labor shortages in Q2 2022 than they were a year ago, according to research by GlobalData.

The data and analytics company’s Filing Analytics database found that sentiment around shortages rose by over 7% in Q2 2022, from low (a sentiment score of 0.6) in Q2 2021 to high (0.67) in Q2 2022, based on the analysis of mentions of ‘shortages’ within the company filing documents of over 900 companies worldwide.

GlobalData’s research analysed the different types of shortages being discussed. Among the most frequent were labour shortages and supply chain disruption, most particularly the disruption caused by semiconductor shortages. However, despite shortage issues continuing, firms have been adopting strategies to overcome the shortfalls.

Ekta Chourasia, Business Fundamentals Analyst at GlobalData, said, “Companies have been optimistic that they can mitigate the impacts of labor and supply chain shortages. In terms of labor, companies were generally optimistic around managing their workforce, despite many discussions noting that the labour environment is tough.”

An analysis by sector revealed that the technology, medical and consumer sectors saw the highest number of ‘shortages’ mentions in their company filings.